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HR 5913 115th Congress House Taxation Income tax deductions Inflation and prices Property tax Sales and excise taxes State and local taxation

Family Tax Deduction Improvement Act

Introduced: May 22, 2018 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2018
Referred to the House Committee on Ways and Means.
May 22, 2018
Introduced in House
 Plain-English summary Congressional Research Service

Family Tax Deduction Improvement Act

This bill amends the Internal Revenue Code to modify the limit on individual deductions for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill doubles the limit for married individuals and requires the limit to be adjusted for inflation after 2019.

What's happening now May 22, 2018

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1